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Business loans Adelaide

Russ Watts  •  26 May, 2021

Searching for a business loan in Adelaide?

If you’re searching for a way to improve cash flow and achieve your business ambitions, then Waddle’s innovative working capital platform could be the solution you’re after. Waddle helps growing businesses access funds tied up in outstanding invoices with custom-built technology and the fairest and most flexible terms on the market. Click ‘Get A Quote’ to see if Waddle is right for you.

Invoice finance for small businesses

Waddle is a modern invoice finance provider offering unrivalled technology, fast funds and flexible terms with less admin. If you’re looking to close cash flow gaps that are holding you back, then click ‘Get A Quote’ to see if it’s right for you.

Waddle’s platform syncs with leading accounting packages meaning your available balance is always based on real invoice data. As more invoices are raised your limit increases with it. This connection also means that the tedious and time-consuming admin generally involved with invoice finance facilities is a thing of the past. No uploading of invoices and reconciling your customer payments couldn’t be easier.

Interested? Here’s what you need to do to apply. First, we’ll need to know a few details about you and your business, such as the industry you’re in and how you invoice. If you’re eligible we’ll present you with a potential offer based on your invoice values and we’ll take you to the Waddle dashboard so you can see how it works. There is a pain-free application process where you’ll speak to a friendly Waddle team member and then we can have you up and running and funds in your accounts within days.

Types of business lending

It can be incredibly tricky for business owners to know which form of funding is the most suited. The business lending market can be a complicated thing, full of mysterious terminology and confusing jargon.

When looking for a small business loan, it’s important to thoroughly research the available options. There is no ‘one size fits all’ solution, multiple factors will determine which is right. Whether a business is established or just starting out, whether they have assets to use as collateral or not, if they have a long trading history, what the funds are intended for. Answers to these questions can determine whether a large secured term loan is the best option or something more flexible like invoice finance or a business line of credit.

There are a wide range of providers offering a dizzying array of finance solutions. A fixed-term secured loan from a big bank may be the best option for an established business. Using collateral as security will usually mean favourable interest rates, but these facilities can lack in flexibility. Smaller business lenders and fintechs can offer a wider range of options catering to a variety of businesses with much greater flexibility. These include unsecured loans and more specialist forms of funding such as invoice finance, reverse factoring and asset finance.

More reading

  • Read more about business loans in Melbourne
  • Read more about business loans in Brisbane

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